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Selman

Learn about the people, housing, costs and businesses in Selman, Oklahoma

Median Home$92,400
Population13
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing9% construction
Young Adults30% of residentsabove average nationally
Homeowners80% of occupied units
Selman
OK

Frequently Asked Questions

What are today's mortgage rates in Selman?

As of today, the 30-year fixed mortgage rate for Selman is approximately 7.026% (7.067% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Selman?

The median home value in Selman is $92k. Annual property taxes average $701. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Selman?

Based on a typical all-in ownership cost of $659/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Selman is $74k/year.

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What industries drive the economy in Selman?

The largest employment sectors in Selman are public administration (26%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.